Masters of Money E-764 Presented by: Cliff Waldman Director of Economic Studies [email protected].
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Transcript of Masters of Money E-764 Presented by: Cliff Waldman Director of Economic Studies [email protected].
Au
g-0
6N
ov-
06F
eb-0
7M
ay-0
7A
ug
-07
No
v-07
Feb
-08
May
-08
Au
g-0
8N
ov-
08F
eb-0
9M
ay-0
9A
ug
-09
No
v-09
Feb
-10
May
-10
Au
g-1
0N
ov-
10F
eb-1
1M
ay-1
1A
ug
-11
No
v-11
Feb
-12
May
-12
Au
g-1
2N
ov-
12F
eb-1
3M
ay-1
3A
ug
-13
No
v-13
Feb
-14
May
-14
Au
g-1
4N
ov-
14F
eb-1
5
0
1
2
3
4
5
6
Per
cen
t
Source(s): Federal Reserve Board
Figure 1 – Effective Federal Funds Rate, U.S. Federal Reserve
Au
g-0
6N
ov-
06F
eb-0
7M
ay-0
7A
ug
-07
No
v-07
Feb
-08
May
-08
Au
g-0
8N
ov-
08F
eb-0
9M
ay-0
9A
ug
-09
No
v-09
Feb
-10
May
-10
Au
g-1
0N
ov-
10F
eb-1
1M
ay-1
1A
ug
-11
No
v-11
Feb
-12
May
-12
Au
g-1
2N
ov-
12F
eb-1
3M
ay-1
3A
ug
-13
No
v-13
Feb
-14
May
-14
Au
g-1
4N
ov-
14F
eb-1
5
0
1
2
3
4
5
6
7
Per
cen
t
Figure 2 – Official Bank Rate, Bank of England
Source(s): Bank of England
Mar
-10
Sep
-10
Mar
-11
Sep
-11
Mar
-12
Sep
-12
Mar
-13
Sep
-13
Mar
-14
Sep
-14
Mar
-15
-1
0
1
2
3
4
5
6
7
China Eurozone UK U.S.
Per
cen
t C
han
ge
(Yea
r/Y
ear)
Figure 3 – Consumer Price Inflation by Country
Source(s): U.S. Bureau of Labor Statistics, National Bureau of Statistics of China, IHS Global Insight, and United Kingdom Office for National Statistics
Mar
-11
Jun
-11
Sep
-11
Dec
-11
Mar
-12
Jun
-12
Sep
-12
Dec
-12
Mar
-13
Jun
-13
Sep
-13
Dec
-13
Mar
-14
Jun
-14
Sep
-14
Dec
-14
Mar
-15
0.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5
4.0
U.S. Germany
Per
cen
t
Figure 4 – U.S. and Germany: Yield on 10-Year Government Bonds
Source(s): Federal Reserve and European Central Bank
